Participants of 1520 Strategic Partnership Forum sign 11 contracts worth 50bl rubles
During the 5th International Rail Business Forum "1520 Strategic Partnership", held in late May in Sochi, 11 contracts worth 50 billion rubles were signed by different companies. The forum was attended by over 1000 delegates, representing over 300 companies from 35 countries, the Organizing Committee press release said.
Cinara Group from Ural together with its partner Siemens have signed with Russian Railways a contract to supply 221 2ES10 freight electric locomotives with asynchronous traction drive. According to the agreement Ural Locomotives Ltd., a joint venture of Sinar and Siemens, will be supplying electric locomotives worth 42 billion rubles during 2011-2016.
Cinara Group from Ural together with its partner Siemens have signed with Russian Railways a contract to supply 221 2ES10 freight electric locomotives with asynchronous traction drive. According to the agreement Ural Locomotives Ltd., a joint venture of Sinar and Siemens, will be supplying electric locomotives worth 42 billion rubles during 2011-2016.